Comment: yea I think Bernanke is clipping 11.5% per year

In post: Cyprus is a test to see how blatant the theft can become without triggering overthrow and revolution.

In reply to comment: They only did that because (see in situ)

yea I think Bernanke is clipping 11.5% per year

Submitted by phathead on Tue, 03/19/2013 - 01:12. Permalink

According Bob Wenzel ever since the last QE kicked in the average m2 growth is like 11.4%. (he does a 13 week rolling average thing don't ask me)

So if you got money in the bank you are getting it confiscated faster here than in Cyprus.

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